# Packaging - Plastic Containers — company-by-company sector analysis > Packaging - Plastic Containers: Hitech Corporation Ltd owns the largest revenue base AND the fastest current growth. Sector Alpha — machine-written from the numbers. Data as of 2026-08-16. Not investment advice. ## Bottom line The 52-week sector comparison is unavailable. 1 of 1 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Hitech Corporation Ltd leads with revenue of ₹701 crore, based on 1 of 1 comparable companies through Jun 2026. Hitech Corporation Ltd has the fastest current revenue growth at 20.1%, across 1 of 1 comparable companies. ## Sector relative strength The 52-week comparison of Packaging - Plastic Containers against NIFTY 500 is not available from the current market series. Over 13 weeks the gap is a lead of 136.8%. 1 of 1 covered company currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is broad. Readings are as of 2026-08-09. 13-week sector return versus NIFTY 500: 137% 52-week sector return versus NIFTY 500: — Stocks leading NIFTY: 1/1 Stocks leading sector: 0/0 Central tension: The central tension: current leadership is concentrated, so durability matters more than rank. Companies: 1 Combined market value: ₹571 Cr ## 4-Factor Sector Score An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment. 1. Hitech Corporation Ltd (HITECHCORP): 55/100 — Mixed-positive evidence; evidence 69% - Growth & earnings 23.2/35 | Capital efficiency 10.1/25 | Valuation 9.5/20 | Relative strength 12.5/20 - Price stage: BREAKING OUT — Ahead of the benchmark five weeks or more running, with its lead holding or widening. - Led NIFTY 500 by 5%+ over the prior 13 weeks in 5 of 5 weeks with a reading, within the last 12 - Exact sum: 23.2 + 10.1 + 9.5 + 12.5 = 55.3 - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. ## Market action Price shows what happened; relative strength shows who is winning the argument against the market and the sector. Hitech Corporation Ltd leads on Mansfield relative strength against NIFTY at +62.5%. 1 of 1 covered company is above zero on that measure. Every line covers 313 weekly closes through 2026-08-14. ### Strongest one-year price performers ### Strongest relative strength versus NIFTY 500 1. Hitech Corporation Ltd (HITECHCORP): 62% ## Packaging - Plastic Containers — the story behind the numbers This is the written read behind the Packaging - Plastic Containers figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 29 Jul 2026. 4 themes are live here, 1 of them rated high severity. The Packaging - Plastic Containers sector shows mixed signals based on the single constituent analyzed, HITECHCORP. Consolidated revenue reached a record ₹166.00 crores in Q4 FY26, up 14.39% quarter-on-quarter and 11.19% year-on-year. Net profit surged 780.2% year-on-year to ₹8.89 crores, marking a sharp recovery from the Q3 FY26 loss of ₹2.62 crores. How old this read is: This read comes from our Packaging - Plastic Containers sector brief dated 29 Jul 2026, so the words here and the numbers above them cover the same few weeks. ### Live themes, worst first - HIGH | Petroleum-based polymer cost volatility is compressing margins, with operating margin falling to 8.81% in Q3 FY26. | Limited pricing power to pass on costs to customers appears constrained | named for HITECHCORP - MEDIUM | Environmental regulations favouring sustainable packaging alternatives pose structural headwinds for rigid plastic packaging industry. | Company shifted to recycled inputs and added solar power across plants per Annual Report 2024-25 | named for HITECHCORP - MEDIUM | Gujarat stamp authority demanded ₹7.2 million over 2015 amalgamation property transfer; company filing appeal. | Company will file appeal against the order within the prescribed timeline and believes there is no material impact | named for HITECHCORP - MEDIUM | Employee costs surged 18.91% QoQ to ₹14.46 crores in Q3 FY26, contributing to margin compression. | named for HITECHCORP Sources: our Packaging - Plastic Containers sector brief, 29 Jul 2026. ## Revenue Scale & Growth Durability What the numbers say: Hitech Corporation Ltd is the scale leader at ₹701 crore, Hitech Corporation Ltd's growth is 20.1% from a ₹701 crore base, with 9 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale. Investor read: Hitech Corporation Ltd is the scale benchmark; Hitech Corporation Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns. This conclusion weakens if: Hitech Corporation Ltd's growth falls below Hitech Corporation Ltd's for two consecutive comparable reports while operating margin also compresses. Evidence: Hitech Corporation Ltd · ₹701 crore | Not enough peers | 5/5 recent comparable periods | 1/1 companies · 9 observations Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress. ### Revenue — largest 1. Hitech Corporation Ltd (HITECHCORP): ₹701 Cr ### Revenue growth — fastest growers 1. Hitech Corporation Ltd (HITECHCORP): 20% ### 20-quarter Revenue history - HITECHCORP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 ₹143 Cr | Sep 2024 ₹147 Cr | Dec 2024 ₹123 Cr | Mar 2025 ₹149 Cr | Jun 2025 ₹165 Cr | Sep 2025 ₹164 Cr | Dec 2025 ₹145 Cr | Mar 2026 ₹166 Cr | Jun 2026 ₹226 Cr ### 20-quarter Revenue growth history - HITECHCORP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 16% | Sep 2025 12% | Dec 2025 18% | Mar 2026 11% | Jun 2026 37% ## Operating Economics & Margin Trend What the numbers say: Hitech Corporation Ltd leads both opm at 10.2% and margin change at -2.2 percentage points. Investor read: Hitech Corporation Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current margin change signal. Evidence: Hitech Corporation Ltd · 10.2% | Not enough peers | 3/8 recent comparable periods | 1/1 companies · 20 observations Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth. ### OPM — highest 1. Hitech Corporation Ltd (HITECHCORP): 10% ### Margin change — fastest expanders 1. Hitech Corporation Ltd (HITECHCORP): −2.2 pp ### 20-quarter OPM history - HITECHCORP: Sep 2021 15% | Dec 2021 13% | Mar 2022 15% | Jun 2022 13% | Sep 2022 15% | Dec 2022 12% | Mar 2023 13% | Jun 2023 14% | Sep 2023 12% | Dec 2023 11% | Mar 2024 15% | Jun 2024 11% | Sep 2024 11% | Dec 2024 11% | Mar 2025 11% | Jun 2025 12% | Sep 2025 12% | Dec 2025 8.8% | Mar 2026 13% | Jun 2026 10% ### 20-quarter Margin change history - HITECHCORP: Sep 2021 −0.6 pp | Dec 2021 −1.7 pp | Mar 2022 0.0 pp | Jun 2022 −2.3 pp | Sep 2022 +0.4 pp | Dec 2022 −1.9 pp | Mar 2023 −2.0 pp | Jun 2023 +0.9 pp | Sep 2023 −3.1 pp | Dec 2023 −0.8 pp | Mar 2024 +1.9 pp | Jun 2024 −2.4 pp | Sep 2024 −0.9 pp | Dec 2024 −0.1 pp | Mar 2025 −4.2 pp | Jun 2025 +1.1 pp | Sep 2025 +0.7 pp | Dec 2025 −1.8 pp | Mar 2026 +2.3 pp | Jun 2026 −2.2 pp ## Profit Scale & Acceleration What the numbers say: Hitech Corporation Ltd leads with ₹18 crore of TTM profit, Hitech Corporation Ltd shows 79.1% growth from a ₹18 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale. Investor read: Hitech Corporation Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current profit growth signal. Evidence: Hitech Corporation Ltd · ₹18 crore | Not enough peers | 4/5 recent comparable periods | 1/1 companies · 9 observations Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank. ### Net profit — largest 1. Hitech Corporation Ltd (HITECHCORP): ₹18 Cr ### Profit growth — fastest growers 1. Hitech Corporation Ltd (HITECHCORP): 79% ### 20-quarter Net profit history - HITECHCORP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 ₹4 Cr | Sep 2024 ₹3 Cr | Dec 2024 ₹1 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹5 Cr | Sep 2025 ₹4 Cr | Dec 2025 ₹-3 Cr | Mar 2026 ₹9 Cr | Jun 2026 ₹7 Cr ### 20-quarter Profit growth history - HITECHCORP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 22% | Sep 2025 50% | Dec 2025 -308% | Mar 2026 780% | Jun 2026 50% ## Return On Capital Employed What the numbers say: Hitech Corporation Ltd leads ROCE at 9.7%. Hitech Corporation Ltd has the strongest latest improvement at +1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability. Investor read: Hitech Corporation Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it. This conclusion weakens if: The next two comparable reports reverse the current roce change signal. Evidence: Hitech Corporation Ltd · 9.7% | Not enough peers | Not enough history | 1/1 companies · 0 observations Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability. ### ROCE — highest 1. Hitech Corporation Ltd (HITECHCORP): 9.7% ### ROCE change — fastest improvers 1. Hitech Corporation Ltd (HITECHCORP): +1.0 pp ### 20-quarter ROCE history ### 20-quarter ROCE change history ## Valuation Against Growth & Quality What the numbers say: There is not enough comparable evidence to name a reliable peg leader. Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy. This conclusion weakens if: The next two comparable reports reverse the current p/e signal. Evidence: No comparable leader | Not enough peers | Not enough history | 0/1 companies · 0 observations Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing. ### PEG — lowest PEG ### P/E — lowest P/E 1. Hitech Corporation Ltd (HITECHCORP): 30.0 ### 20-quarter PEG history ### 20-quarter P/E history - HITECHCORP: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 41.3 | Dec 2025 37.6 | Mar 2026 26.4 | Jun 2026 33.8 ## What can make this comparison misleading? - A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason. - A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment. - The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed. - An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion. - Thin comparisons: Valuation have fewer than three usable current readings. ## Every company - Hitech Corporation Ltd (HITECHCORP) — market value ₹571 Cr; latest fundamentals Jun 2026 ## Source standing of each company Cross-checked: 0. Unverified: 1. Withheld: 0. Graded companies: 1. Every company's second-feed figures reconcile against the primary source on overlapping reported periods, so nothing here is unverified or withheld. ## Methodology and freshness Fundamentals through Jun 2026; prices through 2026-08-14. Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable. ## Frequently asked questions ### Is the Packaging - Plastic Containers sector outperforming NIFTY 500? The 52-week sector comparison is unavailable. 1 of 1 covered companies currently have positive Mansfield relative strength versus NIFTY 500. ### Which Packaging - Plastic Containers company is largest by revenue? Hitech Corporation Ltd leads with revenue of ₹701 crore, based on 1 of 1 comparable companies through Jun 2026. ### Which Packaging - Plastic Containers company is growing fastest? Hitech Corporation Ltd has the fastest current revenue growth at 20.1%, across 1 of 1 comparable companies. ### Which Packaging - Plastic Containers company has the strongest 4-Factor Sector Score? Hitech Corporation Ltd ranks first at 55.3/100 with 69% evidence confidence. The score prioritizes research; it is not a buy recommendation. ### How much history does this Packaging - Plastic Containers comparison include? The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated. ### How is the 4-Factor Sector Score calculated? The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral. ### Is there a Nifty Packaging - Plastic Containers index? NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Packaging - Plastic Containers, this page builds its own equal-weight basket of 1 listed Packaging - Plastic Containers companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026. ### Which are the best Packaging - Plastic Containers stocks in India? Ranked by this page's four-factor score, Hitech Corporation Ltd places first among 1 listed Packaging - Plastic Containers companies. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser. ### How many Packaging - Plastic Containers stocks are listed in India? This comparison covers 1 listed Packaging - Plastic Containers companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026. ### Which Packaging - Plastic Containers company is the biggest? Hitech Corporation Ltd is the largest, with trailing-twelve-month revenue of ₹701 crore. That covers 1 of 1 companies with comparable reporting through Jun 2026. ### Which Packaging - Plastic Containers company has the best profit margins? Hitech Corporation Ltd has the highest operating margin at 10.2%, from 1 of 1 comparable companies. Hitech Corporation Ltd shows the biggest recent improvement, at -2.2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking. ### Which Packaging - Plastic Containers company makes the most profit? Hitech Corporation Ltd earns the most, at ₹18 crore of trailing-twelve-month net profit, from 1 of 1 comparable companies. Hitech Corporation Ltd has the fastest profit growth at 79.1%, though growth off a small or recovering profit base overstates how much has actually changed. ### Which Packaging - Plastic Containers company earns the highest return on capital? Hitech Corporation Ltd leads on return on capital employed at 9.7%, across 1 of 1 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year. ### Which Packaging - Plastic Containers stock has the strongest price momentum? Hitech Corporation Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all. ### Which Packaging - Plastic Containers company scores highest for research priority? Hitech Corporation Ltd scores 55.3 out of 100 with 69% evidence confidence, from 23.2 points on growth and earnings, 10.1 on capital efficiency, 9.5 on valuation and 12.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research. ### How many Packaging - Plastic Containers companies does this comparison cover, and over what period? It compares 1 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data. ### What is the total market cap of the Packaging - Plastic Containers sector? The 1 Packaging - Plastic Containers companies on this page carry ₹571 crore of combined market value. Hitech Corporation Ltd is the largest at ₹571 crore, about 100% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-16. ### How is the Packaging - Plastic Containers sector performing? 1 of the 1 covered Packaging - Plastic Containers companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-08-16. ### Why are some values on this page blank? A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad. ### Is this investment advice? No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.